41% prefer to trade cryptocurrencies on Binance, while 76% thing Crypto winter end in 2019

2019-04-30

Most of the respondents include Bitcoin when listing their favorite coins. 41% prefer to buy A Crypto Currency on Binance. Nearly half of the respondents consider Propy as their favorite Proptech company.

Most of the respondents hold at least one of the following cryptocurrencies: Bitcoin, Ether, XRP. Only 10% either do not have any savings in crypto or do not know the exact portion. 18% hold all their savings in crypto.

Nearly 40% of all potential buyers consider purchasing a property this year mainly because of the investment opportunities it provides. They are more likely to use traditional than cryptocurrency when paying for a property.

Q: How likely is for you to buy a property in 2019?

Q: If you are likely to buy a property, what would be your motivation?*

Over 70% of all property sellers who participated in the survey own between 1 or 2 properties. They are more likely to accept crypto than traditional currency when selling a house.

Q: How many properties do you own?

106 agents who participated in the survey are working for 62 different brokerages. Most mentioned are Re/Max, Keller Williams and eXp Realty. Nearly 40% of the agents are satisfied with their brokerage and do not consider to change it.

Q: Which brokerage do you work for? Do you consider changing the brokerage?

Most of the agents use DocuSign and different transaction platforms. They close their deals without transaction coordinators.

Q: Which tools do you use to close deals?

Q: Do you use a transaction coordinator?

The State of Real Estate and Crypto survey was completed by: Propy newsletter subscribers and people who have accessed it from Twitter